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Gold Backed Crypto Token. On or around april 5th 2016 digix raised some 500,000 eth, then worth around $5.5 million, for an ambitious project of tokenizing gold that had two parts. The cache gold token (cgt) transparently combines the unique qualities of gold with the benefits of a modern crypto asset.
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To launch a gold backed cryptocurrency token, and record revenue from mining operations in mexico. You need to download aabb wallet and create a wallet account. The article says the new digital token, named digau, will be pegged to gold's market price.
Fully redeemable, regulated and with worldwide liquidity, one cgt represents 1 pure gram of gold.
On or around april 5th 2016 digix raised some 500,000 eth, then worth around $5.5 million, for an ambitious project of tokenizing gold that had two parts. The article says the new digital token, named digau, will be pegged to gold's market price. Each 750 tokens are backed by one oz of gold, so each aux token will be valued around $1.70. Tether just announced a new token called tether gold (xaut.
